The table below looks at the prevalence of the term Credit Derivative in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 28 July 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
28 Jul 2016
Same period 2015 Same period 2014
Credit Derivatives
Rank 614 576 529
Rank change year-on-year
-38 -47
Contract jobs citing Credit Derivative 22 45 66
As % of all contract IT jobs located in England 0.044% 0.087% 0.13%
As % of the Miscellaneous category 0.13% 0.27% 0.41%
Number of daily rates quoted 18 36 47
Median daily rate £618 £575 £600
Median daily rate % change year-on-year
+7.39% -4.16%
90% offered a daily rate of more than £543 £480 £450
10% offered a daily rate of more than £708 £675 £603
UK excluding London median daily rate - £550 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Credit Derivative
UK

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the England region.

Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
16766 16981 16271
As % of all contract IT jobs located in England 33.59% 32.84% 32.92%
Number of daily rates quoted 10939 10895 9966
Median daily rate £425 £425 £413
Median daily rate % change year-on-year
- +3.03%
90% offered a daily rate of more than £254 £250 £240
10% offered a daily rate of more than £600 £625 £600
UK excluding London median daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 597 679 657
Median hourly rate £20.78 £19.00 £20.00
Median hourly rate % change year-on-year
+9.36% -5.00%
90% offered a hourly rate of more than £12.00 £12.00 £12.50
10% offered a hourly rate of more than £45.40 £46.21 £42.50
UK excluding London median hourly rate £21.50 £18.50 £20.50
% change year-on-year
+16.21% -9.75%

Credit Derivative
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing Credit Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Credit Derivative Jobs Demand Trend in England

Credit Derivative
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Derivative across the England region.

Credit Derivative Daily Rate Trend in England

Credit Derivative
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Derivative across the England region over the 3 months to 28 July 2016.

Credit Derivative Daily Rate Histogram in England

Credit Derivative
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Credit Derivative across the England region.

Credit Derivative Hourly Rate Trend in England

Credit Derivative
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Derivative within the England region over the 3 months to 28 July 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -18 22 £618 +7.39% 2
Credit Derivative
UK

Credit Derivative
Top 30 Related IT Skills in England

For the 6 months to 28 July 2016, IT contractor jobs citing Credit Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for Credit Derivative.

1 90 (100.00%) Derivative
2 53 (58.89%) Finance
3 49 (54.44%) Risk Management
4 45 (50.00%) Front Office
5 44 (48.89%) Fixed Income
6 37 (41.11%) Foreign Exchange (FX)
7 28 (31.11%) Credit Risk
8 25 (27.78%) Murex
9 24 (26.67%) Java
10 23 (25.56%) C#
10 23 (25.56%) Banking
11 18 (20.00%) Spring
11 18 (20.00%) C++
11 18 (20.00%) SQL
11 18 (20.00%) Calypso
12 17 (18.89%) Investment Banking
12 17 (18.89%) Spring Integration
13 16 (17.78%) Market Risk
13 16 (17.78%) ION Trading
13 16 (17.78%) Migration
14 15 (16.67%) HTML
14 15 (16.67%) Bloomberg
14 15 (16.67%) AngularJS
15 14 (15.56%) Multithreading
15 14 (15.56%) OO
16 13 (14.44%) Data Analysis
16 13 (14.44%) SDLC
17 11 (12.22%) Agile Software Development
17 11 (12.22%) TDD
17 11 (12.22%) Quantitative Finance

Credit Derivative
Top Related IT Skills in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (3.33%) Tomcat
1 3 (3.33%) WebSphere
2 2 (2.22%) Oracle Coherence
Applications
1 3 (3.33%) Spreadsheet
2 1 (1.11%) MS Excel
Business Applications
1 6 (6.67%) ION MarketView
2 4 (4.44%) Front Arena
Communications & Networking
1 1 (1.11%) NAS
1 1 (1.11%) SAN
Database & Business Intelligence
1 8 (8.89%) SQL Server
2 7 (7.78%) SQL Server Analysis Services
3 4 (4.44%) Relational Database
4 3 (3.33%) Data Warehouse
4 3 (3.33%) Hadoop
4 3 (3.33%) ObjectStore
4 3 (3.33%) PostgreSQL
5 2 (2.22%) Star Schema
6 1 (1.11%) Oracle Database
6 1 (1.11%) RDBMS
Development Applications
1 2 (2.22%) PowerDesigner
General
1 53 (58.89%) Finance
2 45 (50.00%) Front Office
3 23 (25.56%) Banking
4 17 (18.89%) Investment Banking
5 2 (2.22%) Back Office
6 1 (1.11%) Financial Institution
6 1 (1.11%) French Language
Job Titles
1 40 (44.44%) Developer
2 37 (41.11%) Analyst
3 30 (33.33%) Business Analyst
4 22 (24.44%) Credit Analyst
5 19 (21.11%) Java Developer
6 13 (14.44%) Murex Analyst
6 13 (14.44%) Murex Business Analyst
6 13 (14.44%) Risk Analyst
7 12 (13.33%) Senior Developer
8 11 (12.22%) Risk Business Analyst
9 10 (11.11%) Angular Developer
9 10 (11.11%) Credit Risk Manager
9 10 (11.11%) Front Office Business Analyst
9 10 (11.11%) Risk Manager
9 10 (11.11%) Senior Java Developer
10 9 (10.00%) Credit Risk Analyst
10 9 (10.00%) Credit Risk Business Analyst
10 9 (10.00%) Technical Analyst
10 9 (10.00%) Technical Business Analyst
11 8 (8.89%) C++ Developer
Libraries, Frameworks & Software Standards
1 18 (20.00%) Spring
2 17 (18.89%) Spring Integration
3 15 (16.67%) AngularJS
3 15 (16.67%) HTML
4 11 (12.22%) HTML5
5 4 (4.44%) CSS
5 4 (4.44%) Dropwizard
5 4 (4.44%) React
5 4 (4.44%) Twitter Bootstrap
5 4 (4.44%) Web Services
5 4 (4.44%) XML
6 3 (3.33%) .NET
6 3 (3.33%) Boost C++ Libraries
6 3 (3.33%) Django
6 3 (3.33%) STL
6 3 (3.33%) Twisted
6 3 (3.33%) WebSphere MQ
6 3 (3.33%) ZeroMQ
7 1 (1.11%) Murex MxML
7 1 (1.11%) WPF
Miscellaneous
1 90 (100.00%) Derivative
2 44 (48.89%) Fixed Income
3 37 (41.11%) Foreign Exchange (FX)
4 28 (31.11%) Credit Risk
5 16 (17.78%) Market Risk
6 10 (11.11%) Mathematics
7 7 (7.78%) Grid Computing
8 5 (5.56%) Analytical Skills
8 5 (5.56%) Statistics
9 3 (3.33%) Algorithms
9 3 (3.33%) Equities
9 3 (3.33%) Equity Derivative
9 3 (3.33%) Interest Rate Derivative
10 2 (2.22%) Data Structures
Operating Systems
1 4 (4.44%) Linux
1 4 (4.44%) Windows
2 2 (2.22%) Unix
3 1 (1.11%) Solaris
Processes & Methodologies
1 49 (54.44%) Risk Management
2 16 (17.78%) Migration
3 14 (15.56%) Multithreading
3 14 (15.56%) OO
4 13 (14.44%) Data Analysis
4 13 (14.44%) SDLC
5 11 (12.22%) Agile Software Development
5 11 (12.22%) Monte Carlo Method
5 11 (12.22%) Quantitative Finance
5 11 (12.22%) TDD
6 10 (11.11%) Event-Driven Architecture
6 10 (11.11%) Stakeholder Management
6 10 (11.11%) User Acceptance Testing
7 9 (10.00%) Collateral Management
7 9 (10.00%) Scrum
8 8 (8.89%) Translating Business Requirements
9 6 (6.67%) Requirements Analysis
9 6 (6.67%) Risk Assessment
9 6 (6.67%) Validation
10 5 (5.56%) Business Analysis
Programming Languages
1 24 (26.67%) Java
2 23 (25.56%) C#
3 18 (20.00%) C++
3 18 (20.00%) SQL
4 10 (11.11%) Python
5 4 (4.44%) Perl
6 2 (2.22%) IronPython
6 2 (2.22%) PL/SQL
6 2 (2.22%) Tcl
6 2 (2.22%) T-SQL
6 2 (2.22%) VBA
Qualifications
1 10 (11.11%) PhD
2 1 (1.11%) Degree
Quality Assurance & Compliance
1 8 (8.89%) QA
2 2 (2.22%) MiFID
3 1 (1.11%) SLA
System Software
1 1 (1.11%) Veritas Cluster Server
Systems Management
1 1 (1.11%) BMC PATROL
1 1 (1.11%) ITRS Geneos
1 1 (1.11%) Nagios
1 1 (1.11%) Tivoli
Vendors
1 25 (27.78%) Murex
2 18 (20.00%) Calypso
3 16 (17.78%) ION Trading
4 15 (16.67%) Bloomberg
5 10 (11.11%) Oracle
6 4 (4.44%) Sencha
7 1 (1.11%) FactSet
7 1 (1.11%) Sophis
7 1 (1.11%) Sun
7 1 (1.11%) Veritas
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: Yesterday